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Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:15 pm
by Cobra
guys, don't fall into sleep, take a little time to vote for me, thanks. http://stockcharts.com/public/1684859/tenpp

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:17 pm
by joe-gamma
OverUnder wrote:By the Fed's use of the phrase "modest to moderate", modest would be less than moderate. This time we had "gradual", which is clearly less than modest. Which is great news lol.
joe-gamma wrote:years of hard study to get an economics degeree....and I STILL DO NOT KNOW WHETHER

IF

MODEST IS GREATER THAN MODERATE!!! :mrgreen:


but is gradual TERRIBLE ENOUGH TO BE BULLISH??!!

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:19 pm
by OverUnder
Well, is "gradual" "sustained"? Not really so much.
joe-gamma wrote:
OverUnder wrote:By the Fed's use of the phrase "modest to moderate", modest would be less than moderate. This time we had "gradual", which is clearly less than modest. Which is great news lol.
joe-gamma wrote:years of hard study to get an economics degeree....and I STILL DO NOT KNOW WHETHER

IF

MODEST IS GREATER THAN MODERATE!!! :mrgreen:


but is gradual TERRIBLE ENOUGH TO BE BULLISH??!!

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:24 pm
by Al_Dente
Treasuries fall… blabla……why... http://www.bloomberg.com/news/2012-08-2 ... ction.html

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:26 pm
by jdow
I know what "up" is.. :D
OverUnder wrote:Well, is "gradual" "sustained"? Not really so much.
joe-gamma wrote:
OverUnder wrote:By the Fed's use of the phrase "modest to moderate", modest would be less than moderate. This time we had "gradual", which is clearly less than modest. Which is great news lol.
joe-gamma wrote:years of hard study to get an economics degeree....and I STILL DO NOT KNOW WHETHER

IF

MODEST IS GREATER THAN MODERATE!!! :mrgreen:


but is gradual TERRIBLE ENOUGH TO BE BULLISH??!!

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:29 pm
by Al_Dente

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:30 pm
by Cobra
a bad omen for bears because Jackson Hole speech is on Friday and the market usually up huge on Friday recently. :mrgreen:

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:35 pm
by Cobra
maybe this is the 2nd leg down of the current small down leg.

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:37 pm
by Petsamo
Anyone riding MCP ? My REMX is finally doing well

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:41 pm
by Al_Dente
relative strength
829relative.png

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:44 pm
by BlackThought
Cobra wrote:guys, don't fall into sleep, take a little time to vote for me, thanks. http://stockcharts.com/public/1684859/tenpp
done.

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:45 pm
by BlackThought
Petsamo wrote:Anyone riding MCP ? My REMX is finally doing well
sold my oct calls for 115% gain today. :)

damn.. looks like i sold too early :(

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:49 pm
by Petsamo
BlackThought wrote:
Petsamo wrote:Anyone riding MCP ? My REMX is finally doing well
sold my oct calls for 115% gain today. :)

damn.. looks like i sold too early :(
Congrats

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:50 pm
by Petsamo
Here come da bears

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:50 pm
by Cobra
2nd leg indeed, not good looking.

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:53 pm
by Cobra
target. actually a small H&S top could be.

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:54 pm
by joe-gamma
Cobra wrote:a bad omen for bears because Jackson Hole speech is on Friday and the market usually up huge on Friday recently. :mrgreen:
thanks to the KING!

also seasonals look quite bullish this friday=day b4 labor day....

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:55 pm
by StevieWonder
Petsamo wrote:Anyone riding MCP ? My REMX is finally doing well
Thanks Petsamo. Always very intrigued by very high volume and relatively low daily price range (8/17)

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:55 pm
by Petsamo
Cobra wrote:target. actually a small H&S top could be.
I see the H&S

Re: 08/29/2012 Live Update

Posted: Wed Aug 29, 2012 2:57 pm
by joe-gamma
Al_Dente wrote:relative strength
829relative.png
was just thinkin that had not heard any of the good DRs
wisdom re XLY moves lately....

for later, a read herehttp://seekingalpha.com/article/834911- ... arketwatch